Faithward Advisors LLC Purchases 2,441 Shares of Costco Wholesale Corporation $COST

Faithward Advisors LLC lifted its position in Costco Wholesale Corporation (NASDAQ:COST) by 143.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 4,146 shares of the retailer’s stock after purchasing an additional 2,441 shares during the period. Faithward Advisors LLC’s holdings in Costco Wholesale were worth $4,131,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of COST. Palisade Asset Management LLC lifted its position in Costco Wholesale by 1.4% during the 4th quarter. Palisade Asset Management LLC now owns 702 shares of the retailer’s stock worth $605,000 after acquiring an additional 10 shares during the last quarter. Graybill Wealth Management LTD. grew its position in shares of Costco Wholesale by 0.3% in the fourth quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer’s stock valued at $2,754,000 after purchasing an additional 10 shares during the last quarter. Lbmc Investment Advisors LLC grew its position in shares of Costco Wholesale by 0.5% in the fourth quarter. Lbmc Investment Advisors LLC now owns 2,041 shares of the retailer’s stock valued at $1,760,000 after purchasing an additional 10 shares during the last quarter. Hughes Financial Services LLC increased its stake in shares of Costco Wholesale by 4.3% in the third quarter. Hughes Financial Services LLC now owns 268 shares of the retailer’s stock worth $245,000 after purchasing an additional 11 shares during the period. Finally, Bank & Trust Co lifted its position in shares of Costco Wholesale by 18.3% during the 4th quarter. Bank & Trust Co now owns 71 shares of the retailer’s stock worth $61,000 after purchasing an additional 11 shares during the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on COST. JPMorgan Chase & Co. increased their target price on Costco Wholesale from $1,060.00 to $1,110.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. HC Wainwright reaffirmed a “buy” rating on shares of Costco Wholesale in a research report on Monday, June 1st. Guggenheim reiterated a “neutral” rating on shares of Costco Wholesale in a report on Monday, June 1st. Daiwa Securities Group increased their price objective on Costco Wholesale from $917.00 to $975.00 and gave the company a “neutral” rating in a research report on Tuesday, March 10th. Finally, UBS Group raised their price objective on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Twenty-two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Costco Wholesale currently has a consensus rating of “Moderate Buy” and an average target price of $1,061.45.

Trending Headlines about Costco Wholesale

Here are the key news stories impacting Costco Wholesale this week:

• Positive Sentiment: Several analysts and market commentators remained constructive on Costco, highlighting its resilient membership model, digital gains, and global expansion as reasons it may outperform other retailers. Costco vs. Target: Which Discount Retailer Holds More Promise?
• Positive Sentiment: Costco also drew favorable valuation/upside coverage, with one report calling for about 10% upside and a path toward $1,000 per share, reinforcing the idea that the recent pullback may be an entry point. Costco Stock Price Prediction: A Path to $1,000 and Double-Digit Upside
• Positive Sentiment: News that Costco is opening two new locations this week, plus approval for another warehouse site, underscores continued store-count expansion and long-term growth potential. Costco is opening 2 new locations this week. See where ‘I can say it’s a Costco’ | engineer says as P&Z approves rezoning for wholesale warehouse
• Positive Sentiment: Coverage comparing Costco with Target emphasized that Costco’s quarterly sales are now more than double Target’s, with seasonal sales strength highlighting the power of its warehouse model. Target vs. Costco: What Their Revenue Trends Tell Investors
• Neutral Sentiment: Articles also framed Costco as a defensive stock that could hold up well during a market correction, which supports investor confidence but is not company-specific news. Costco, Exxon, and 17 More Winners if the Market Drops
• Neutral Sentiment: Recent commentary noted strong sales growth and high membership renewals, but also said the stock fell anyway, suggesting investors may be weighing valuation after a strong run. Costco Just Posted 12% Sales Growth and 92% Membership Renewals, and the Stock Fell Anyway. Is This the Buy-the-Dip Moment?
• Neutral Sentiment: Additional pieces about new products, store openings, and shopping trends mainly reinforce Costco’s brand strength and traffic drivers, but are less likely to move the stock on their own.

Costco Wholesale Trading Up 0.3%

Shares of COST stock opened at $960.78 on Thursday. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50. The stock has a market cap of $426.09 billion, a price-to-earnings ratio of 48.33, a P/E/G ratio of 4.64 and a beta of 0.88. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The firm has a fifty day moving average of $997.36 and a 200-day moving average of $970.33.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.The business had revenue of $70.53 billion for the quarter, compared to the consensus estimate of $70.12 billion. During the same period in the previous year, the business posted $4.28 earnings per share. On average, equities research analysts forecast that Costco Wholesale Corporation will post 20.38 earnings per share for the current fiscal year.

Costco Wholesale Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 0.6%. This is a boost from Costco Wholesale’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Friday, May 1st. Costco Wholesale’s dividend payout ratio (DPR) is currently 29.58%.

Costco Wholesale Profile

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.